Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic
Fahad Abrar

Fahad Abrar

Assistant Manager Procurement
Karachi

Summary

As an adept Supply Chain Professional and accomplished Project Specialist with over 10 years of experience, I have consistently delivered results by driving strategic sourcing, cross-functional coordination, and impactful vendor negotiation strategies, resulting in significant cost savings. Proficient in SAP Ariba and SAP Materials Management, I excel in optimizing procurement processes. Over the course of my career, I have achieved substantial quantifiable results, including saving the company 60 million through strategic sourcing initiatives, achieving an average cost reduction of 12% across key suppliers, and leading contract negotiations that resulted in 20 million in cost savings.

Overview

11
11
years of professional experience
9
9
years of post-secondary education
1
1
Certification

Work History

Assistant Manager Procurement

Novatex Limited
09.2021 - Current
  • Collaborate with vendors to ensure smooth operations, optimize procurement processes, and enhance supplier relationships, resulting in a 15% reduction in procurement lead times
  • Coordinate with materials procurement teams to maintain material accuracy and availability, achieving a 98% accuracy rate and reducing excess inventory costs by 10%
  • Spearhead SCM initiatives by organizing demand forecasts and facilitating seamless coordination with stakeholders, resulting in a 20% decrease in supply chain disruptions
  • Utilize SAP/Ariba platforms to conduct successful "Auction/RFP" events, consistently obtaining competitive prices and minimizing procurement costs by 12%, leading to annual savings of 500,000
  • Liaise between departments to streamline payment processing, ensuring efficient and timely payment clearance to vendors, reducing late payment penalties by 90%
  • Evaluate supplier performance based on quality standards, delivery time, and competitive pricing, resulting in improved supplier ratings and increased on-time deliveries by 15%
  • Generate insightful reports, including Cost Savings Reports, Monthly Purchase Reports, and others as per management demand, providing critical data for strategic decision-making and cost-effective strategies
  • Monitor shipment status and coordinate with overseas vendors to guarantee on-time delivery of goods, minimizing production disruptions and enhancing customer satisfaction, resulting in a 95% on-time delivery rate
  • Orchestrate the timely establishment of Letters of Credit (L/C) in close coordination with Finance and relevant banks, facilitating secure international transactions and decreasing financial risks associated with imports
  • Collaborate closely with cross-functional teams to fulfill job responsibilities efficiently and effectively, contributing to a cohesive and high-performing procurement department, resulting in improved departmental productivity by 15%.

Project Specialist & Manager Studio Operations

University of Management and Technology
Lahore
05.2018 - 08.2021
  • Demonstrated effective leadership and communication strategies, fostering team synergy and promoting a high-performance culture, resulting in a 20% increase in team productivity and concurrent 15% reduction in project completion times
  • Implemented communication strategies leading to a substantial 25% improvement in cross-functional collaboration within multidisciplinary teams, effectively breaking down information bottlenecks, resulting in a reduction in decision-making time and significantly enhancing operational efficiency across the company
  • Coordinated and organized department meetings and conferences, leading to an increase in attendance rates, thereby fostering better alignment of team objectives and facilitating invaluable knowledge sharing among team members
  • Spearheaded creative analytical initiatives, scenario planning, and change management efforts, collectively leading to a commendable 15% increase in the adoption of innovative practices throughout the entire organization
  • Actively contributed to the overall success and expansion of the project management team by engaging in collaboration and knowledge sharing, resulting in a 10% growth in the team's overall performance and capabilities
  • Provided innovative ideas and practical examples of media usage, which directly contributed to a significant 20% improvement in the quality and engagement levels of the organization's educational content
  • Played a pivotal role in offering technical expertise for live presentations and serving as the primary point of contact between UMT-CONNECTED and VEPP/THEN, resulting in a satisfaction rate among our stakeholders
  • Devised comprehensive project plans, contributing to a noteworthy 15% increase in project completion rates, while concurrently minimizing project costs by 10%
  • Created instructional design process diagrams, effectively streamlining departmental workflows and remarkably reducing course development time by an impressive 20%
  • Orchestrated flawlessly executed live events, such as LiveX, LifeSize, and Adobe Connect presentations, with a 98% satisfaction rate among participants.

Senior Procurement Executive

S.K. Enterprises
Karachi
08.2016 - 05.2018

• As Senior Procurement Executive at S.K. Enterprises, played a pivotal role in developing and executing strategic sourcing strategies, resulting in annual cost savings.
• Responsibilities encompassed cultivating and managing vital supplier relationships, ensuring adherence to stringent quality standards and contractual agreements.
• Excelled in vendor negotiations, skillfully navigating terms, conditions, and pricing discussions.
• Managed supplier contracts comprehensively, effectively reducing discrepancies by 20%.
• Implemented highly efficient inventory control measures, minimizing carrying costs by a substantial 12% while guaranteeing uninterrupted product availability.
• Consistently made valuable contributions to supply chain optimization, leading to a significant 15% reduction in lead times.
• Achieved an impressive supplier compliance rate through dedication to quality assurance standards.

Procurement Executive

GCS Pvt. Ltd
Karachi
05.2015 - 08.2016

• Cultivated and managed positive relationships with suppliers and vendors, ensuring open lines of communication, timely deliveries, and constructive collaboration to enhance the procurement process.
• Utilized data analysis techniques to evaluate supplier performance, identified cost-saving opportunities, and contributed to the development of strategic procurement decisions that optimized resource allocation.
• Played a crucial role in maintaining efficient inventory levels by closely monitoring stock quantities, reducing carrying costs, and ensuring a continuous supply of products to support operational needs.
• Actively engaged with various departments within the organization, gained insights into their unique procurement requirements, and aligned procurement strategies with overall organizational goals to drive synergy and efficiency.

Business Development Executive

01.2013 - 05.2015

• Identified and pursued new business opportunities, contributing to a 20% increase in the company's client base.
• Fostered and maintained strong relationships with existing clients, ensuring exceptional client satisfaction and a 15% an increase in repeat business.
• Conducted market research and competitive analysis to identify emerging trends and market gaps, providing strategic insights for product development.
• Developed and implemented effective sales strategies that resulted in an increase in annual revenue.
• Led negotiations and successfully closed significant deals with international partners, resulting in expansion into new markets.
• Coordinated marketing campaigns and promotional activities, increasing brand visibility and market presence.
• Actively participated in industry conferences and networking events, establishing valuable partnerships and expanding the company's industry footprint.

Education

Master of Business Administration - Supply Chain Management, Marketing

Iqra University
08.2012 - 05.2017

Bachelor of Business Administration - undefined

Iqra University
06.2008 - 05.2012

Skills

Supply Chain Managementundefined

Certification

Received appreciation certificate for Best Employee of the quarter at S.K. Enterprises in 2017

Timeline

Assistant Manager Procurement

Novatex Limited
09.2021 - Current

Project Specialist & Manager Studio Operations

University of Management and Technology
05.2018 - 08.2021

Senior Procurement Executive

S.K. Enterprises
08.2016 - 05.2018

Procurement Executive

GCS Pvt. Ltd
05.2015 - 08.2016

Business Development Executive

01.2013 - 05.2015

Master of Business Administration - Supply Chain Management, Marketing

Iqra University
08.2012 - 05.2017

Bachelor of Business Administration - undefined

Iqra University
06.2008 - 05.2012
Fahad AbrarAssistant Manager Procurement